New search
Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Strip malls
151 Swanson Ave, Lake Havasu City, AZ 86403-0848
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US07-0711593
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1994
Construction
STEEL FRAME
Total area
5,000 SF
Lot
0.34 ac (14,810 SF)
Zoning code
C1
APN
107-38-025
UPID
US07-0711593
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Lake Havasu Bike & Fitness (Bike/Boat/Book/etc) Store
-
Pooch Paradise, LLC Pet Grooming Service
-
018820 Coffee Houses Cafe & Coffee Shop
-
Noggins Studio West Hair Salon
-
Havasu Tattoo Company Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$631k
Blend (final)
Blend
$630k
Owner & transaction history
Cbkr Properties LLC · 9 yrs held
Cbkr Properties LLC
since 2017
7 recorded transactions
Zoning & alternative use
C1 · Lake Havasu City, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$825,000
+52.6%
Medical building
$715,000
+32.5%
Office building
$665,000
+23.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lake Havasu City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Havasu City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$540,000
Current use
APARTMENT HOUSE (5+ UNITS)
$825,000
Change: +53% · Conversion: Difficult
MEDICAL BUILDING
$715,000
Change: +32% · Conversion: Difficult
OFFICE BUILDING
$665,000
Change: +23% · Conversion: Moderate
COMMERCIAL (GENERAL)
$580,000
Change: +7% · Conversion: Easy
RETAIL STORES
$545,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$630k
Range $567k – $693k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$126 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$7,249
Tax year 2020
Assessed value
$118,210
Assessed 2025
Previous assessed
$131,720
-10.3% YoY
Effective rate
6.13%
On assessed value
Land market value
$209,787
Improvement market value
$446,938
Total market value
$656,725
Applied tax rate
2,571.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1994
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
5,000 SF
Lot
0.34 ac (14,810 SF)
Zoning code
C1
APN
107-38-025
UPID
US07-0711593
Jurisdiction
MOHAVE
Zoning & alternative use
C1 · Lake Havasu City, AZ
Zoning C1 · permitted uses
C1 · Lake Havasu City, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Havasu City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$540,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$825,000
MEDICAL BUILDING
Est. value
$715,000
OFFICE BUILDING
Est. value
$665,000
COMMERCIAL (GENERAL)
Est. value
$580,000
RETAIL STORES
Est. value
$545,000
NEIGHBORHOOD: SHOPPING CENTER Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1994
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Cbkr Properties LLC
Entity
Mailing address
1582 BRODIE DR, LAKE HAVASU CITY, AZ 86406-9145
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2017
$540,000
Cbkr Properties LLC
Sde Havasu LLC
Warranty Deed
$40,500 · Mohave State Bank
Apr 24, 2015
$799,500
Sde Havasu LLC
Mohave State Bank
Warranty Deed
—
Apr 24, 2015
—
Sde-havasu LLC
Esse Daniel W & Shari A
Warranty Deed
related
—
Aug 11, 2011
$1,125,000
Daniel W Esse
Beck,walter A SR
Warranty Deed
$296,000 · Horizon Community Bank
Apr 26, 2007
—
Walter A Beck SR.
Wab Consulting & Dev INC
Quit Claim Deed
related
—
Jun 5, 2001
—
Wab Consulting & Dev INC
Beck,walter A
Quit Claim Deed
related
—
—
—
Daniel W Esse
—
Deed Of Trust
related
$100,000 · Horizon Community Bank
—
—
Daniel Esse
—
Deed Of Trust
related
$250,000 · Torba Paul J Living Trust
—
—
Daniel W Esse
—
Deed Of Trust
related
$353,940 · Kelly Sprague
—
—
Walter A Beck SR.
—
Deed Of Trust
related
$250,000 · Horizon Community Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 151 Swanson Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
